Narrow search
Showing 1 - 10 of 502
Cover Image
Inflation, Income Taxes, and Owner-Occupied Housing
Poterba, James M. - 1980
outweigh the higher after-tax interest payments, so inflation reduces the effective cost of homeownership. This paper develops …
Persistent link: https://www.econbiz.de/10012478582
Cover Image
Income Tax Provisions Affecting Owner-Occupied Housing : Revenue Costs and Incentive Effects
Poterba, James M. - 2008
The mortgage interest deduction, the property tax deduction, the unique treatment of capital gains on owner-occupied homes, and the absence of taxation on imputed rent from owner-occupied homes all influence the effective cost of housing services. They also affect federal income tax revenues and...
Persistent link: https://www.econbiz.de/10012464394
Cover Image
Intertemporal Labor Supply Substitution? Evidence from the Swiss Income Tax Holidays
Martinez, Isabel Z. - 2018
policy change in Switzerland. In the late 1990s, Switzerland switched from an income tax system where current taxes were …
Persistent link: https://www.econbiz.de/10012453085
Cover Image
Perception of House Price Risk and Homeownership
Adelino, Manuel - 2018
This paper analyzes the importance of household perceptions of house price risk in explaining homeownership choice …
Persistent link: https://www.econbiz.de/10012480741
Cover Image
Arbitrage in Housing Markets
Glaeser, Edward L. - 2007
Urban economists understand housing prices with a spatial equilibrium approach that assumes people must be indifferent across locations. Since the spatial no arbitrage condition is inherently imprecise, other economists have turned to different no arbitrage conditions, such as the prediction...
Persistent link: https://www.econbiz.de/10012464942
Cover Image
Liquidity Constraints and Housing Prices : Theory and Evidence from the VA Mortgage
Vigdor, Jacob L. - 2004
This paper employs a simple intertemporal model to show that presence of liquidity constraints can depress the price of a durable good below its net present rental value, regardless of the overall supply elasticity. The existence of price effects implies that the relaxation of liquidity...
Persistent link: https://www.econbiz.de/10012468080
Cover Image
Owner-Occupied Housing as a Hedge Against Rent Risk
Sinai, Todd - 2003
in house values. However, homeownership also provides a hedge against fluctuations in future rent payments. This paper … households so housing market risk actually increases homeownership rates and house prices. Further, the net effect of rent risk … on the demand for homeownership increases with a household's expected length of stay in its home, as the cumulative rent …
Persistent link: https://www.econbiz.de/10012469241
Cover Image
A New Spatial Hedonic Equilibrium in the Emerging Work-from-Home Economy?
Brueckner, Jan K.; Kahn, Matthew E.; Lindeman, Gary - National Bureau of Economic Research - 2021
This paper studies the impacts of work-from-home (WFH) in the housing market from both intercity and intracity perspectives. Our results confirm the theoretical prediction that WFH puts downward pressure on housing prices and rents in high-productivity counties, a result of workers starting to...
Persistent link: https://www.econbiz.de/10012496079
Cover Image
No-Bubble Condition : Model-free Tests in Housing Markets
Giglio, Stefano - 2014
We test for the existence of housing bubbles associated with a failure of the transversality condition that requires the present value of payments occurring infinitely far in the future to be zero. The most prominent such bubble is the classic rational bubble. We study housing markets in the...
Persistent link: https://www.econbiz.de/10012458510
Cover Image
Who Benefits from Tax-Advantaged Employee Benefits? : Evidence from University Parking
Grubb, Michael D. - 2008
We use university parking permits to study how firms and employees split the value of employee benefit tax subsidies. Starting in 1998, the IRS allowed employees to pay for parking passes with pre-tax income. This subsidized the parking pass purchases of faculty and staff, but did not affect...
Persistent link: https://www.econbiz.de/10012464584